BNK Announces 2020 AGM Results

The Company's shareholders voted to fix the number of directors of the Company at four and elected the following four nominees to the board of directors (the "Board"). Each of the nominees will serve for a one-year term and hold office until the next annual meeting of shareholders, unless he or she sooner ceases to hold office. The following table sets forth the vote of the shareholders at the meeting with respect to the election of directors: The Company's shareholders voted to fix the number...

NEWBURY PARK, California, 29/10/2020 (informazione.news - comunicati stampa - energia)

The Company's shareholders voted to fix the number of directors of the Company at four and elected the following four nominees to the board of directors (the " "). Each of the nominees will serve for a one-year term and hold office until the next annual meeting of shareholders, unless he or she sooner ceases to hold office. The following table sets forth the vote of the shareholders at the meeting with respect to the election of directors:

The Company wishes to thank Ford Nicholson, General Wesley Clark and Victor Redekop , who did not stand for re-election, for their contributions to the Company and wishes each of them all the best in their future endeavours.

The shareholders re-appointed KPMG LLP, Chartered Accountants as the auditor of the Company.

Shareholders also approved the renewal of unallocated entitlements under the Company's Stock Option Plan with 86.89% of the votes in favour.

Additional details will be provided in a Report of Voting Results to be filed on SEDAR.

Contact: Wolf E. Regener , +1 (805) 484-3613, Email: investorrelations@bnkpetroleum.com, Website: www.bnkpetroleum.com